GEF Acquisition Corporation Files Registration Statement for Initial Public Offering

Mar 14, 2016, 22:28 ET from Global Environment Fund

BETHESDA, Md., March 14, 2016 /PRNewswire/ -- Global Environment Fund ("GEF"), a global alternative asset manager, announced today that GEF Acquisition Corporation (the "Company") has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering of its units.

GEF Acquisition Corporation is a newly organized blank check company formed by GEF for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue a business combination opportunity in any business industry or sector, it intends to focus on identifying a business combination opportunity in the environmental services, resource efficiency or clean energy sectors in the United States or Emerging Markets (primarily Latin America).

The Company proposes to offer 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one warrant to purchase one Class A ordinary share at a price of $11.50 per share. The net proceeds of the offering will be held in trust pending the completion of a business combination. The timing of the offering is subject to market conditions, regulatory approvals and certain other conditions.

Maxim Group, LLC and EarlyBirdCapital, Inc. are acting as joint book-running managers of the offering.

The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering may be obtained for free by visiting the U.S. Securities and Exchange Commission website at Alternatively, a copy of the prospectus relating to the offering may be obtained from EarlyBirdCapital, Inc., 366 Madison Avenue, 8th Floor, New York, NY 10017, Attn: Investor Relations, 212-661-0200.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer of securities for sale. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

About Global Environment Fund

Global Environment Fund (GEF) is a leading alternative asset investment management firm, investing in companies serving the global demand for clean energy, resource efficiency, environmental services and sustainable resource management. GEF's investment programs span three asset classes: Private Equity (growth capital), Real Assets (sustainable timberlands) and Infrastructure (energy generation, environmental control, urban environment and transportation).

Investor Relations Contact:
George McPherson, Managing Director
Global Environment Fund
(240) 482-8933


SOURCE Global Environment Fund